The relationship between the Chinese ‘going out’ strategy and international trade
This study is the first to estimate a system of simultaneous gravity equations for Chinese exports, imports and foreign direct investment (FDI) using a sample of 167 countries over the period 2003–2012. The main results indicate that trade and outward FDI are complementary. In particular, the author...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
De Gruyter
2019-12-01
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| Series: | Economics: Journal Articles |
| Subjects: | |
| Online Access: | https://doi.org/10.5018/economics-ejournal.ja.2019-21 |
| _version_ | 1818112447130632192 |
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| author | Abeliansky Ana Lucia Martínez-Zarzoso Inmaculada |
| author_facet | Abeliansky Ana Lucia Martínez-Zarzoso Inmaculada |
| author_sort | Abeliansky Ana Lucia |
| collection | DOAJ |
| description | This study is the first to estimate a system of simultaneous gravity equations for Chinese exports, imports and foreign direct investment (FDI) using a sample of 167 countries over the period 2003–2012. The main results indicate that trade and outward FDI are complementary. In particular, the authors show that outward Chinese FDI is related to higher exports and imports and that China trades more with countries hosting Chinese FDI. Results are also robust to the use of instrumental variables. Therefore, Chinese investment seems to foster trade. |
| first_indexed | 2024-12-11T03:19:05Z |
| format | Article |
| id | doaj.art-2830b9a8d24c4edfa7bd8562ffd3a263 |
| institution | Directory Open Access Journal |
| issn | 1864-6042 |
| language | English |
| last_indexed | 2024-12-11T03:19:05Z |
| publishDate | 2019-12-01 |
| publisher | De Gruyter |
| record_format | Article |
| series | Economics: Journal Articles |
| spelling | doaj.art-2830b9a8d24c4edfa7bd8562ffd3a2632022-12-22T01:22:40ZengDe GruyterEconomics: Journal Articles1864-60422019-12-0113110.5018/economics-ejournal.ja.2019-21The relationship between the Chinese ‘going out’ strategy and international tradeAbeliansky Ana Lucia0Martínez-Zarzoso Inmaculada1University of Goettingen, GermanyDepartment of Economics, University of Göttingen, Germany, and Institute of International Economics, Universitat Jaume I, Castellón, SpainThis study is the first to estimate a system of simultaneous gravity equations for Chinese exports, imports and foreign direct investment (FDI) using a sample of 167 countries over the period 2003–2012. The main results indicate that trade and outward FDI are complementary. In particular, the authors show that outward Chinese FDI is related to higher exports and imports and that China trades more with countries hosting Chinese FDI. Results are also robust to the use of instrumental variables. Therefore, Chinese investment seems to foster trade.https://doi.org/10.5018/economics-ejournal.ja.2019-21international tradeforeign direct investmentchinaf14f21f59 |
| spellingShingle | Abeliansky Ana Lucia Martínez-Zarzoso Inmaculada The relationship between the Chinese ‘going out’ strategy and international trade Economics: Journal Articles international trade foreign direct investment china f14 f21 f59 |
| title | The relationship between the Chinese ‘going out’ strategy and international trade |
| title_full | The relationship between the Chinese ‘going out’ strategy and international trade |
| title_fullStr | The relationship between the Chinese ‘going out’ strategy and international trade |
| title_full_unstemmed | The relationship between the Chinese ‘going out’ strategy and international trade |
| title_short | The relationship between the Chinese ‘going out’ strategy and international trade |
| title_sort | relationship between the chinese going out strategy and international trade |
| topic | international trade foreign direct investment china f14 f21 f59 |
| url | https://doi.org/10.5018/economics-ejournal.ja.2019-21 |
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